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Patreon vs. Sumu Fees for a Large YouTube Channel - How One Creator Could Save $10,000+ a year with Sumu: Maybe you've heard of Asianometry, one of the most popular, and my personal favorite, YouTube channels. Since it's incredibly difficult to earn a living wage from YouTube payouts, Jon, the creator of Asianometry, created a Patreon channel where he charges fans $6 for early access to his videos. He likely pays the 8% platform fee to Patreon, though he could be paying up to 12%, and pays 2.9% + $0.30 for U.S. payments and 3.9% + $0.30 for international payments.
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Let's assume a 50/50 split in his fans in terms of international and U.S.-based to say, on average, Jon pays 8% + 3.4% + $0.30 per subscriber per month to Patreon and payment processing companies. Therefore, on a $6-a-month transaction, Jon is losing about $0.98 of his earnings per transaction, close to 17%! So, despite Patreon marketing an 8% platform fee, creators who charge a low price for their content could lose around 17% of their earnings! So, if Jon wanted to make $72,000 a year for his content, he wouldn't need 1,000 fans paying $6 a month; he would actually need about 1,200 fans paying $6 a month! That means about 200 of those 1200 fans are paying Patreon and payment processing companies—not Jon.
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Instead, Jon should use Sumu and retain more of his earnings. First, Sumu's platform fee is 4.9%, with 0% transaction fees in the U.S. and internationally. Therefore, if Jon were to use Sumu with 1,000 fans paying $6 a month, he would save almost $10,000 just from fees. Think about what you could do with $10,000, especially without having to do any extra work!
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